Net lending (+) / net borrowing (-) in Marshall Islands
Marshall Islands: Net lending (+) / net borrowing (-) was 12.17 million current LCU in 2020. ◆ Volatile
Net lending (+) / net borrowing (-) in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Marshall Islands is 12.17 million current LCU, measured in 2020. That is the highest value across all 13 years on record.
The figure is up 389.7% on the previous year and up 115.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Marshall Islands peaked at 12.17 million current LCU in 2020 and was at its lowest, -4.20 million current LCU, in 2019.
Marshall Islands ranks 37th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.84 million current LCU | 2.29 million current LCU | 5.40 million current LCU | 2 |
| 2010s | 3.72 million current LCU | -4.20 million current LCU | 9.35 million current LCU | 10 |
| 2020s | 12.17 million current LCU | 12.17 million current LCU | 12.17 million current LCU | 1 |
Countries ranked near Marshall Islands
- 34 East Timor 50.88 million current LCU compare
- 35 Nauru 38.74 million current LCU compare
- 36 Micronesia (country) 25.83 million current LCU compare
- 38 Zimbabwe -1.01 million current LCU compare
- 39 San Marino -2.94 million current LCU compare
- 40 Kiribati -6.29 million current LCU compare
More public sector data for Marshall Islands
- Tax revenue 17.2% (2020)
- Taxes on income, profits and capital gains 9.7% (2020)
- Taxes on goods and services 8.4% (2020)
- Net investment in nonfinancial assets 8.8% (2020)
- Net lending (+) / net borrowing (-) 5.0% (2020)
- Interest payments 0.4% (2020)
- Grants and other revenue 75.8% (2020)
- Interest payments 0.5% (2020)
- Other taxes 0.8% (2020)
- Compensation of employees 35.3% (2020)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Marshall Islands?
- Net lending (+) / net borrowing (-) in Marshall Islands was 12.17 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Marshall Islands?
- The highest recorded value was 12.17 million current LCU in 2020.
- What is the lowest net lending (+) / net borrowing (-) recorded in Marshall Islands?
- The lowest recorded value was -4.20 million current LCU in 2019.
- How does Marshall Islands rank for net lending (+) / net borrowing (-)?
- Marshall Islands ranks 37th out of 156 countries with data for 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Marshall Islands?
- Over the last ten years it is up 115.1%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.